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China Briefings

Reports on China issued by Samsung Economic Research Institute

China Business Intelligence No. 125

China Business Intelligence No. 125

Samsung Economic Research Institute Beijing Office

July 15, 2009

Download China Business Intelligence No. 125 PDF email Print

Highlights:

I. Economy

At the beginning of the financial crisis, due to such influences as a lack of fund liquidity and a decrease in bank loans, the value of money rose while the price of resources fell. However, with indicators now showing signs of excessive liquidity brought on by the governments' support policies, Chinese bulk stock prices have shown an upward trend. This report will present an overview of the possibility of an increase in bulk stock prices based on the recovery of the world economy.

II. Industry

The e-book industry is growing at a blistering pace, fueled by the rapid growth in sales of Amazon Kindle, a wireless e-book reader. With the Kindle reader gaining popularity, the e-book reader market is enjoying a boom. China is no exception in this move. Jinke Electronics, for example, released its e-book reader for 3,000 yuan, which contributed to the transformation of the e-book reader market, from being once regarded as a high-end market to a middle-priced consumer market.

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